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Does the general meeting of shareholders have any influence on the stock market?
Legal basis: Article 100 of the Company Law of People's Republic of China (PRC), and the shareholders' meeting is held once a year. In any of the following circumstances, an extraordinary general meeting of shareholders shall be held within two months: (1) When the number of directors is less than two-thirds of the number stipulated in this Law or the articles of association; (2) When the company's uncompensated losses reach one third of the total paid-in share capital; (3) The request of shareholders who individually or collectively hold more than 0/0% of the shares of the company/KLOC. (4) When the board of directors deems it necessary; (5) The time proposed by the board of supervisors. (6) Other circumstances stipulated in the Articles of Association.
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